World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.3 million tonnes (Mt) in April 2018, a 4.1% increase compared to April 2017.
China’s crude steel production for April 2018 was 76.7 Mt, an increase of 4.8% compared to April 2017. Japan produced 8.7 Mt of crude steel in April 2018, down 0.4% on April 2017. India produced 8.7 Mt of crude steel in April 2018, an increase of 5.6% compared to April 2017. South Korea’s crude steel production was 5.9 Mt in April 2018, an increase of 7.1% on April 2017.
In the EU, Italy produced 2.1 Mt of crude steel, up by 3.7% on April 2017. France produced 1.4 Mt of crude steel, up by 10.7% compared to April 2017. Spain produced 1.3 Mt of crude steel, up by 7.5% on April 2017.
Turkey’s crude steel production for April 2018 was 3.0 Mt, down by 3.1% on April 2017.
Crude steel production in Ukraine was 1.7 Mt this month, up 6.0% on April 2017.
The US produced 6.9 Mt of crude steel in April 2018, an increase of 3.6% compared to April 2017.
Brazil’s crude steel production for April 2018 was 3.0 Mt, up by 1.9% on April 2017.
The crude steel capacity utilisation ratio of the 64 countries in April 2018 was 76.9%. This is 2.4 percentage points higher than April 2017. Compared to March 2018, it is 2.4 percentage points higher.
- The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel members represent approximately 85% of the world’s steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.
- The monthly crude steel capacity utilisation ratio is calculated based on crude steel production information available at worldsteel, and OECD capacity estimates.
is it too early to predict an upturn globally?